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20121101
20121130
Search Results 0 to 7 of about 8 (some duplicates have been removed)
.e.o. of macy's tells us for holiday shoppers the line between online and in-store is blurred like never before. and market monitor guest bernie schaeffer is making his list. we'll tell you what he's buying now. that and more tonight on "n.b.r." we begin with what has become the un-official post- thanksgiving past-time for many americans: shopping. the black friday doorbuster sales began earlier than ever. yesterday, in fact. but stores were busy with shoppers hunting for deals. holiday sales are expected to increase by about 4% this year, to more than $580 billion, according to the national retail federation. allison worrell kicks off out coverage of retail's big day. >> it's 5:30 in the morning at one of miami's most popular malls, and while it may look tame now, but this is the calm before the black friday shopping storm. >> reporter: from the victoria's secret's pink, to the apple store, people are enthusiastic about buying and it shows. david vaton is on the hunt for an ipad mini and he says when it comes to getting a good deal, sleep is overrated. >> i stayed up the whole night, i did not
, a lot of stores, including wal-mart, target and toys r us opened their stores on thanksgiving as opposed to waiting for black friday. they did receive a little bit of grief for it from a lot of angry consumers, but on the other hand, there were lots of shoppers lining up in front of the stores to get those deals from wal-mart and toys r us. >> are the deals likely to get better if they are not satisfied with the crowd and the sales receipts we see over the next 72 hours? >> well, in fact, deals could continue to go on at all way until christmas over the next couple of weekends. we saw that wal-mart doubled their order of the apple tablets in order to guarantee that they would have enough to meet the demand and as a result analysts did become bullish on the company and did increase their earnings estimates for the fourth quarter for wal-mart so we are seeing retailers are becoming more competitive in order to at track attract the shop intoorz the stores. >> you mentioned apple and i want to ask you about that strategy in a moment but it also speaks to inventory control, doesn't it, in ter
, the u.s. economy would suffer big time. the obama administration's economists estimate consumers would spend about $200 billion less next year than they would have otherwise. congress and the administration have only a few more weeks to nail down a deal. but that deal will have to address some tough issues, including entitlement reform. darren gersh explains. >> reporter: the big money in entitlements is in health care, and that means any grand bargain to avoid the fiscal cliff will slice away aone of the nation's most popular programs. >> medicare is clearly in the gunsights. >> reporter: it's possible congress and the president could agree to save $300 to $400 billion from medicare by cutting fees for doctors and hospitals. but analysts worry slashing payments won't make the health care system more efficient. >> this is not really a way to structurally change medicare and if you don't change the underlying incentives, you don't get long-term savings. >> reporter: progressives at the center for american progress say the government could save close to $150 billion by squeezing the pric
Search Results 0 to 7 of about 8 (some duplicates have been removed)

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